Validus Holdings is to set acquire fellow Bermudian reinsurer IPC Holdings after it upped the cash element of its offer, winning unanimous board approval from IPC and scuppering Flagstone Re's rival bid.
Validus Holdings is to set acquire fellow Bermudian reinsurer IPC Holdings after it upped the cash element of its offer, winning unanimous board approval from IPC and scuppering Flagstone Re's rival bid.